DJ BP PLC ADR Outperforms Market Despite Losses On The Day
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The BP PLC ADR $(BP)$ slid 1.86% to $28.54 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the NASDAQ Composite Index falling 3.56% to 19,392.69 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
BP PLC ADR closed $11.86 short of its 52-week high ($40.40), which the company reached on April 12th.
The ADR underperformed when compared to some of its competitors Wednesday, as ENI S.p.A. ADR $(E)$ fell 1.45% to $26.46, TotalEnergies SE ADR $(TTE)$ fell 1.05% to $53.68, and Exxon Mobil Corp. $(XOM)$ fell 1.47% to $106.42.
Trading volume (8.4 M) remained 1.5 million below its 50-day average volume of 9.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:22 ET (22:22 GMT)
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